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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | Listed by Keller Williams Boerne | $545,000 | |
| Listed by Keller Williams Boerne | |||
| Jun 6, 2021 | No longer available | - | |
| No longer available | |||
| May 21, 2021 | Listed | $539,000 | |
| Listed | |||
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Beautifully appointed Sitterle Garden Home in the centrally located subdivision of Balcones Creek. Built in 2016 this stunning home has 3 bdrms, 3 b/rooms and 1 half bath. Open floor plan with an abundance of natural light. Superb kitchen with double ovens, 5 gas burner cooktop, refrigerator, microwave, gorgeous honed granite countertops, and custom cabinets. Covered porch looks out onto the pristine garden, that provides peace & calm for tranquil living. Close proximity to IH10, and Boerne. Exemplary school district. The manager has listed the unit size as 2480 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017